Earlier in 2022, YESAB recommended to the territorial and federal governments that the project be allowed to proceed, with the recommendation being recently accepted.Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperThe manufacturer suspended its free cash flow guidance, and warned that its plan to spin out steel ope...Read More
"The time is now to permanently remove all Russian energy from the American marketplace," said Senator John Barrasso, Republican ranking member of the Senate Energy and Natural Resources Committee.Read More
Oil prices rallied by over 7% today following a warning by the Paris-based International Energy Agency yesterday that that the prospect of large scale disruptions to Russian oil production threatenedRead More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperPrice gains among the mining industry's leading commodity products have averaged over 50% since Februa...Read More
In early February, communities near the mine blocked the railroad used for shipping concentrates from the Cuajone mine, which produces 7,000 tonnes per day of copper, to Ilo where it has a refinery.Read More
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Thursday March 17, with one noticeable feature being that volumes on the LME have been very light. LME extends daily limit on nickel to 8% for Thursdays trading Market takes Federal Reserves 25 basis point rate rise in its stride Hope emerges for Russian-Ukr...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points at 7:30 AM EDT.. U.S. economic news to be released at 8:30 AM EDT includes February Housing Starts and the March Philly Fed Index. Consensus for February Housing Starts is an increase to 1.683 million units from 1.638 million units in January. Consensus for March Philly Fed Index is a slip to 15.0 from 16.0...Read More
As part of its five-year critical minerals strategy announced today, Ontario will invest $24 million over three years in its Junior Exploration Program, half of which will be invested for a critical minerals funding stream, and $5 million for a critical minerals innovation fund. The strategy aims to better connect mines in the north to the manufacturing sector in the south, specifically to Ontari...Read More
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has said that its proven and probable gold reserves have increased by 81% on a year-on-year basis, while its silver reserves decreased by 10%. The company announced updated reserve and resource estimates for its four operating mines and development projects in the Americas and West Africa. More than half of the new reserve ounces are from assets acquir...Read More
Following consultation with Yukon First Nations, both the territorial and federal governments have given the green light for Newmont's (NYSE: NEM, TSX: NGT) Coffee gold project to proceed, as per Yukon Environmental Socioeconomic Assessment Board's (YESAB) recommendations."The decision to approve the Coffee gold project provides much-needed certainty about the future of the project and the develo...Read More
The Canadian Mining Hall of Fame is now accepting nominations for 2023 inductees. Through their leadership and achievements, individual nominees must have shaped Canada's global leadership in mining, embodied the important role mining plays in Canadian society, and inspired future generations into mining. "Canada's mining industry continues to prove we are essential in driving our economy forward...Read More
Canada is among the world's premier jurisdictions for mineral exploration and mining and has become a go-to destination for the industry. Below, we present seven companies with exciting projects to watch.ARIANNE PHOSPHATEField crew at Arianne Phosphate's Lac ? Paul project in Quebec. Credit: Arianne PhosphateArianne Phosphate (TSXV: DAN; US-OTC: DRRSF) is focused on its shovel-ready Lac ? Paul...Read More
Glencore (LSE: GLEN) will sell its Australian CSA copper mine in New South Wales to Metals Acquisition (NYSE: MTAL.U) for US$1 billion in cash, a US$50-million equity stake in the company and a 1.5% net smelter return life of mine. In 2021, the mine produced 41,000 tonnes of payable copper and 459,000 oz. of payable silver. It is expected to produce more than 40,000 tonnes in 2022 with a...Read More
Nearly three weeks into Russia's invasion of Ukraine, many questions about the conflict are still being debated. Could the West have prevented the crisis? Will the unprecedented level of sanctions levelled against Russia - which Russian President Vladimir Putin has referred to as "economic war" - stop the bloodshed? Will the commodities price shock cause a global recession or a period of stagflati...Read More
Investing News Network, Released on 3/17/22Gold is still poised for a big move after last week's jump and subsequent pullback, but according to Gareth Soloway of InTheMoneyStocks.com, it won't go straight up."I'm kind of expecting a pullback to maybe US$1,850 (per ounce) or so, and then right around there I think is the big buy for the next big move up," he said.Soloway also spoke about oil, sayin...Read More
ITM Trading, Released on 3/17/22The markets are breaking down. A repeatable pattern we know is if you give bankers the task of doing something, particularly when you give them the control of it, well, there are gonna be a few at the top that win and many at the bottom that don't, I'm gonna show you what's really happening in these markets. So let's take a look at that and how you can protect yours...Read More
Trends Research, Released on 3/17/22Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, ri...Read More
Liberty and Finance, Released on 3/17/22The last time inflation was this high, the Fed had to raise rates to 19%. A 25 basis point hike means nothing, says Independent Speculator Lobo Tiggre. "People going into the store are going to be paying more. They're going to be upset, and they vote," he says, "and that'll be interesting to see how the powers that be respond."0:00 Intro1:00 Fed rate hike5:3...Read More
Howe Street, Released on 3/17/22Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic. Chris Vermeulen, copper, gold, investing, oil, silverChris Vermeulen: Gold, Silver, Copper, Oil added by Herman James on 03/17/2022View all...Read More